Bookkeeping is the backbone of accounting, it’s the process of recording transactions in a systematic way that aides the accounting process of a business. This course will therefore give you the fundamental knowledge that is required in accounting.
Accounting is refereed to as:The Language of business; it is also the lingua franca of money
This is because by understanding it you will learn more about the business environment as well as money transactions flow in a business are recorded.
The course covers the accounting cycle for a business transaction, from the initial transaction stages of receiving payments and making payment for expenses to the advanced stages of preparing the final books of accounts that include the balance sheet, statement of profit and loss, and the cash flow statement.
There are practical illustrative examples for a better understanding of the theory.
Target Group
The course is structured in a simple way using simple language for easier understanding. Its therefore not meant for the techies in Accounting filed. The course is for all, anybody who would like to learn the backbone of accounting and the monetary language of a business; students, business-people and the general public.
Mode of Delivery
The course is structured in lessons that start with introduction and destinations of concepts, and build up to advanced lessons. You can see this on the curriculum tab.
There are notes you can read through , video tutorials explaining the concepts and illustrative questions .
How to Enrol
To enrol for this course , first you will need to have a registered an account. Once you have registered you can then go ahead and Enrol for the Course.
Curriculum
- 11 Sections
- 22 Lessons
- Lifetime
- Introduction2
- Accounting ConceptsDefinition of common terms used in accounting1
- Accounting PrinciplesAn explanation of all principles applied in the accounting process.1
- Basic Accounting EntriesThe double entry principle in recording accounting transactions.2
- Chart of Accounts1
- Books of Original EntryKey documents that are used as source documents in the accounting process.1
- Recording TransactionsThis section looks at how different transactions are recorded in their respective ledgers.6
- Reconciliation1
- Balancing of the Accounts1
- Preparation of Financial Statements4
- Illustrative Question2
